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Deductions & credits
I opened Turbotax 2019. Under easy step, I did not select Safe Harbor. There is a note at the bottom that says "you may still qualify for a QBI deduction". Sure enough, a QBI deduction was calculated even though I did not select Safe Harbor. On TurboTax 2020, if I don't select Safe Harbor, the deduction is not calculated. It is hard to understand that from year to year the results are different.
‎February 22, 2021
11:25 AM